4700 Ottawa St Bismarck, ND 58503-5735
- Strip malls
- 12,630 SF
- 1.57 lot acres
Current Use by Public Records
- Bill’s Barbershop / Barber Shop
- Credit Bureau of Bismarck Inc. / Debt Collection Agency / Credit Reporting Agency
- Michael J. Gossett, DC / Chiropractor
- SR Drivers Insurance of Bismarck / Commercial Agent
- Dakota Family Chiropractic / Chiropractor
Property Details for 4700 Ottawa St
- Year built
- 2020
- Lot size
- 1.57 lot acres
- Property size
- 12,630 SF
- Zone code
- CG
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1598-001-002
- APU
- 1598001002
Description
This exceptional 1,375 square foot office space is located at 4700 Ottawa St, Unit F, in Bismarck, North Dakota, zip code 58503. Situated in the rapidly expanding North Bismarck retail district, this single-tenant unit is part of a larger 12,635 square foot building constructed in 2021. The property boasts a convenient one-story design, offering easy accessibility. The space is ideally suited for a variety of uses, including medical offices, creative offices, coworking spaces, or executive offices, reflecting its versatile zoning classification (CG). Ample parking is provided with 64 spaces available in a large concrete lot, featuring convenient front door parking. The lease rate is $22.00 per square foot, plus $4.00 per square foot in NNN charges. This is the last available unit in the building, presenting a unique opportunity for businesses seeking a modern, well-located office space in a thriving area of Bismarck. The property's prime location and abundant parking make it an attractive option for employees and clients alike. Don't miss this chance to secure your business's future in this dynamic North Dakota market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $505,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $565,000
- Mixed-Use
- $590,000
- Hospitality
- $575,000
- Educational
- $475,000
- Residential Income
- $480,000
- Energy
- $480,000
- Income-Based Land
- $510,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.775
- Latitude
- 46.8568
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
